In 2016, the top 10 Project Portfolio Management software vendors accounted for nearly 85% of the global Project Portfolio Management (PPM) applications market which grew 3.8% to approach nearly $2.9 billion in license, maintenance and subscription revenues.
Last year Microsoft led the pack with 36% market share and $1041 million in Project Portfolio Management product revenues. In 2016, Oracle was No. 2, followed by ServiceNow, SAP and Planview in that order. In 2015, the top five were Microsoft, Oracle, ServiceNow, SAP and Autodesk.
Through our forecast period, the Project Portfolio Management applications market is expected to reach $2.7 billion by 2020, compared with $2.5 billion in 2015 at a compound annual growth rate of 1.5%.
| Exhibit 2: Worldwide PPM Software Market 2016-2021 Forecast, $M | |||
|---|---|---|---|
| Year | 2016 | 2021 | 2016-2021 CAGR, % |
| Total | 2895 | 3196 | 2.0% |
Source: Apps Run The World, December 2017
PPM Market Definitions And Forecast Assumptions
Project and portfolio management (PPM) applications include those that automate and optimize the initiating, planning/scheduling, allocation, monitoring, and measuring of activities and resources required to complete projects. PPM applications also cover certain aspects of IT service management especially those that involve project portfolio management within the IT domain.
Conventional project management apps are being eclipsed by Cloud-based offerings as market is buoyed by low price point and increased use of multimedia tools for virtual project teams.
Top 10 Project Portfolio Management (PPM) Software Vendors
Here are the rankings of the top 10 Project Portfolio Management software vendors in 2016 and their market shares.
| Rank | Vendor | 2015 Project Portfolio Management Apps Revenues, $M | 2016 Project Portfolio Management Apps Revenues, $M | 2016 Project Portfolio Management Apps YoY Growth, % | 2016 Project Portfolio Management Market Share, % | Recent Developments |
|---|---|---|---|---|---|---|
| 1 | Microsoft | Subscribe | Subscribe | Subscribe | Subscribe | Extending PPM capabilities with Microsoft Project Server 2016 helps sustain growth in the vendor’s Project, Sharepoint and Dynamics SL offerings |
| 2 | Oracle | Subscribe | Subscribe | Subscribe | Subscribe | Migrating P6 users to Primavera Cloud. |
| 3 | ServiceNow | Subscribe | Subscribe | Subscribe | Subscribe | Scaling out its ITSM offerings to deliver PPM applications to round out its Enterprise Service Management vision. |
| 4 | SAP | Subscribe | Subscribe | Subscribe | Subscribe | SAP S/4 HANA now offers full-blown PPM capabilities. |
| 5 | Planview | Subscribe | Subscribe | Subscribe | Subscribe | Acquired Innotas in 2016 to shore up its IT PPM offerings. |
| 6 | Workfront | Subscribe | Subscribe | Subscribe | Subscribe | 2017.2 release covers real-time event subscriptions, resource scheduling, and improved proofing resolutions. |
| 7 | UNIT4 | Subscribe | Subscribe | Subscribe | Subscribe | Delivered PSA Suite for target verticals like accountancy. Roadmap includes project alert center and reference project assistant. |
| 8 | Atlassian | Subscribe | Subscribe | Subscribe | Subscribe | Jira has captured its fair share of the PPM market targeting anyone involved in agile software development. |
| 9 | Autodesk | Subscribe | Subscribe | Subscribe | Subscribe | In the midst of a turnaround, Autodesk recently announced a series of restructuring moves. |
| 10 | Deltek, a Roper Technologies Company | Subscribe | Subscribe | Subscribe | Subscribe | Roper, a diversified company, acquired Deltek to boost its presence in professional services and PPM. |
| Subtotal | Subscribe | Subscribe | Subscribe | Subscribe | ||
| Other | Subscribe | Subscribe | Subscribe | Subscribe | ||
| Total | 2788 | 2895 | 3.8% | 100.0% |
Source: Apps Run The World, December 2017
Exhibit 4 shows the enterprise applications market by functional area. The highest growth functional markets revolve around smaller segments like eCommerce, Enterprise Performance Management, Sales Performance Management and Treasury and Risk, where first movers remain less established than those that for decades have been entrenched in functional areas like ERP, CRM and PLM.
Exhibit 4: Worldwide Enterprise Applications Market Forecast 2016-2021, By Functional Market, $M
PPM Win/Loss Analysis As Part Of Enterprise Applications Buyer Insight Customer Database
On the buyer side, customers are investing in Project Portfolio Management applications based on new features and capabilities that are expected to replace their existing legacy systems. In many cases, competitive upgrades and replacements that could have a profound impact on future market-share changes will become more widespread.
Since 2010, our global team of researchers have been studying the patterns of the latest PPM software purchases by customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Updated continuously, our database features extensive win/loss analysis. Each year our research team identifies tens of thousands of these customer wins and losses from public and proprietary sources.
Tresearch results are being incorporated into regular updates in our Enterprise Applications Buyer Insight Customer Database. You can access the Quarterly Win/Loss Analysis Scoreboard and our Enterprise Applications Buyer Insight Customer Database by becoming a subscriber.
| Vendor | Customer Win | Industry | No. of employees | Revenue, $M | Old Product | New Product | Wins in |
|---|---|---|---|---|---|---|---|
| Microsoft | United Airlines | Airlines | 86000 | 37864 | Legacy System | Microsoft Project Server | 3Q15 |
| Microsoft | Arup | Design | 12150 | 1500 | Legacy System | Microsoft Project Online | 3Q15 |
| Microsoft | LabAnswer | Information Technology and Services | 250 | 30 | Tenrox PPM | Microsoft Project Online | 1Q16 |
| Microsoft | Coca-Cola Bottling Co. Consolidated | Food & Beverages | 7000 | 1500 | Legacy System | Microsoft Project Server | 4Q15 |
| Microsoft | CORE Construction | Construction | 1200 | 700 | Oracle PPM | Microsoft Project Server | 3Q15 |
| Oracle | Swinerton Builders | Construction | 1500 | 1900 | Legacy System | Oracle Primavera P6 Enterprise Project Portfolio Management Cloud Service | 4Q15 |
| Oracle | Alliant Energy Corporation | Utilities | 4070 | 3254 | Legacy System | Oracle Primavera Unifier in the cloud, Oracle Primavera P6 Enterprise Project Portfolio Management | 1Q16 |
| Oracle | Ameren Corporation | Utilities | 8527 | 6098 | Legacy System | Oracle Primavera P6 Enterprise Project Portfolio Management, Oracle Primavera Risk Analysis, Oracle Primavera Portfolio Management | 1Q16 |
| Oracle | Kansas City Power & Light | Utilities | 1789 | 1714 | Primavera Unifier on-premises | Oracle Primavera Unifier in the cloud, Oracle Primavera P6 Enterprise Project Portfolio Management | 1Q16 |
| Oracle | South East Water Corporation | Utilities | 526 | 916 | Legacy System | Oracle Primavera P6 Enterprise Project Portfolio Management, Oracle Primavera Unifier | 1Q16 |
| ServiceNow, Inc. | Standard Life | Financial Services | 6500 | 11700 | Oracle Primavera | ServiceNow PPM | 4Q15 |
| ServiceNow, Inc. | AudioNova | Medical Devices | 1600 | 400 | Legacy System | ServiceNow PPM | 1Q15 |
| ServiceNow, Inc. | IBM | Information Technology and Services | 377757 | 81741 | Legacy System | ServiceNow PPM | 1Q16 |
| ServiceNow, Inc. | Yazaki | Automotive | 279800 | 15700 | Legacy System | ServiceNow PPM | 4Q15 |
| ServiceNow, Inc. | LafargeHolcim | Building Materials | 100000 | 29900 | Legacy System | ServiceNow PPM | 1Q16 |
| ServiceNow, Inc. | William Hill | Gambling & Casinos | 16000 | 2100 | Legacy System | ServiceNow PPM | 4Q15 |
| SAP | Kiewit | Construction | 22000 | 9000 | Legacy System | SAP PPM | 4Q15 |
| SAP | Pfizer | Pharmaceutical | 78300 | 48850 | Oracle Primavera | SAP PPM | 3Q15 |
| SAP | Stockland | Real Estate | 1440 | 2600 | Legacy System | SAP PPM | 2Q16 |
| SAP | Bunn-O-Matic Corporation | Food & Beverages | 600 | 150 | Legacy System | SAP PPM | 3Q15 |
| SAP | Transnet SOC Ltd | Transportation | 55000 | 4300 | Legacy System | SAP PPM | 4Q15 |
| SAP | Rabobank | Banking | 48250 | 14150 | CA Clarity PPM | SAP PPM | 1Q16 |
| Autodesk | Max Bögl Group | Construction | 6000 | 1765 | Legacy System | Autodesk BIM 360 Field, Autodesk BIM 360 Glue | 4Q15 |
| Autodesk | NCC | Construction | 18000 | 7200 | Legacy System | Autodesk BIM | 4Q15 |
| Autodesk | Balfour Beatty Construction US | Construction | 2400 | 3900 | Legacy System | Autodesk Constructware | 3Q15 |
| Aconex | Farrans Construction | Construction | 980 | 375 | Legacy System | Aconex Connected BIM | 2Q16 |
| Aconex | Fluor Corporation | Construction | 37500 | 18114 | Legacy System | Aconex for project information and process management | 2Q16 |
| Aconex | Obrainsa | Construction | 1500 | 500 | Legacy System | Aconex for project information and process management | 1Q16 |
| Aconex | Burns & McDonnell Engineering Company, Inc. | Civil Engineering | 5200 | 2700 | Legacy System | Aconex for project information and process management | 1Q16 |
| Aconex | Sayed Hamid Behbehani & Sons Co. (SHBC) | Construction | 1500 | 350 | Legacy System | Aconex for project information and process management | 2Q16 |
| Atlassian | Brillio | Information Technology and Services | 1500 | 200 | Legacy System | Jira Project Management | 2Q16 |
| Atlassian | Redfin | Real Estate | 1800 | 200 | Legacy System | JIRA Software, Bitbucket and Bamboo | 2Q16 |
| Atlassian | PulsarFour | Information Technology and Services | 130 | 15 | Legacy System | Jira Project Management | 1Q16 |
| Atlassian | Predictes Software Agency | Internet | 20 | 2 | Legacy System | Jira Project Management | 2Q15 |
| Atlassian | Nordstrom | Retail | 72500 | 14437 | Legacy System | Atlassian Project Management | 3Q15 |
| Atlassian | FACE IT Ltd. | Internet | 80 | 10 | Legacy System | JIRA Agile for Product Management | 3Q15 |
| NetSuite | Science Applications International Corp. (SAIC) | Information Technology and Services | 15000 | 4300 | Legacy System | Netsuite OpenAir | 2Q15 |
| NetSuite | 1insurer, Inc. | Information Technology and Services | 180 | 20 | Legacy System | Netsuite OpenAir | 4Q15 |
| NetSuite | Human Care Systems, Inc. | Pharmaceuticals | 100 | 10 | Legacy System | Netsuite OpenAir | 2Q16 |
| NetSuite | Jardine Lloyd Thompson (JLT) Australia | Insurance | 1200 | 200 | Legacy System | Netsuite OpenAir | 2Q15 |
| Deltek, Inc. | Mace | Construction | 4446 | 2330 | Legacy System | Deltek Cobra | 2Q15 |
| Deltek, Inc. | Blippar | Marketing and Advertising | 320 | 60 | Legacy System | Deltek TrafficLIVE | 4Q15 |
| Deltek, Inc. | OLIVER | Marketing and Advertising | 450 | 100 | Legacy System | Deltek TrafficLIVE | 1Q15 |
| Deltek, Inc. | Phacil, Inc | Information Technology and Services | 800 | 120 | Legacy System | Deltek Cobra | 3Q15 |
| Changepoint | Amadeus IT Group | Information Technology and Services | 13000 | 4300 | Legacy System | Changepoint | 3Q15 |
Source: Apps Run The World, August 2016
Further Readings
An expanded version of this report covers the top 25+ Project Portfolio Management Software Vendors, offering in-depth analysis of the market dynamics, vendors’ Strengths, Customers, Opportunities, Risks and Ecosystems as well as their ability to gain Shares (SCORES) within their respective space.
We also offer win-loss analysis of the quarterly wins of these top vendors and whether incumbents and upstarts pose any real threat to their standing amid shifting market requirements and user preferences.
More Enterprise Applications Research Findings
Based on the latest annual survey of 3,000+ enterprise software vendors, Apps Run The World is releasing a number of dedicated reports, which profile the world’s 500 largest Enterprise Applications Vendors (Apps Top 500) and the world’s 500 largest Cloud Applications Vendors (Cloud Top 500) ranked by their 2015-2016 product revenues.
Their 2016 results are being broken down, sorted and ranked across 16 functional areas(from Analytics to Treasury and Risk Management) and by 21 vertical industries(from Aerospace to Utility), as shown in our Taxonomy. Further breakdowns by subvertical, country, company size, etc. are available as custom data cuts per special request.
Research Methodology
Each year our global team of researchers conduct an annual survey of thousands of enterprise software vendors by contacting them directly on their latest quarterly and annual revenues by country, functional area, and vertical market.
We supplement their written responses with our own primary research to determine quarterly and yearly growth rates, In addition to customer wins to ascertain whether these are net new purchases or expansions of existing implementations.
Another dimension of our proactive research process is through continuous improvement of our customer database, which stores more than one million records on the enterprise software landscape of over 100,000 organizations around the world.
The database provides customer insight and contextual information on what types of enterprise software systems and other relevant technologies are they running and their propensity to invest further with their current or new suppliers as part of their overall IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
The result is a combination of supply-side data and demand-generation customer insight that allows our clients to better position themselves in anticipation of the next wave that will reshape the enterprise software marketplace for years to come.
